Friday, 31 July, 2026
A Golden Mic-Drop with Heavy Skies Ahead
By TechShots Studio
Tim Cook wrapped up his final earnings call as Apple CEO with a record June quarter revenue of $109.4 billion (up 16% YoY) and $29.8 billion in net income, driven by strong iPhone and Mac sales. However, stock fell after-hours due to conservative guidance, rising DRAM memory costs, and supply constraints—leaving incoming CEO John Ternus to navigate these cost pressures.
Read full story at TIMES OF INDIA